The Fair Share Report

24 Sunset Dr

Upper, NJ 08270

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $952,530

Likely range $921,057 – $1,004,685, from 12 comparable Upper sales in the past 18 months, at this home's 4,068 sq ft.

Step 2 · The Director's Ratio

56.65%

The state's official measure of how far Upper assessments sit below market value — republished every October, applied town-wide. A $952,530 home should be assessed near $539,608.

Step 3 · Assessed value

$434,700

Set at the last town-wide revaluation and mostly frozen since. That's $104,908 below what the ratio math suggests (19.4%).

Step 4 · The tax rate — same for every Upper home

$2.303 per $100 assessed

$1.649 Schools · 72% $0.331 County · 14% $0.323 Town · 14%

Step 5 · The bill

$10,785/yr
Public schools$7,722
Cape May County$1,550
Town of Upper$1,513
Upper average$6,686

This home vs. every recent Upper sale · assessed ÷ market

Town median 55.3%
This home · 45.6%

36%79%

Keep quiet and enjoy it

This home's assessment ratio sits below the Upper pack — the frozen assessment is treating it kindly. It pays less than a fresh look would charge.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
103 TYLER RD2025-11$849,9003,49857.4%
47 N SUNSET DR2025-08$547,0002,88859.1%
5 THICKET STREET2025-06$1,450,0003,93840.1%
17 DEERFIELD TRL2026-01$640,0002,80157.2%
17 DEERFIELD TRL2025-03$640,0002,80157.2%
9 HARRYS CT2025-05$820,0003,50256.2%
1838 RT US 9 SO2026-06$775,0003,13866.1%
825 STAGECOACH RD2026-06$881,3302,87958.8%
10 BERWYN DR2025-07$665,0002,96261.2%
781 RT 502025-12$220,0002,240100.5%
30 CRESTVIEW DR2025-03$695,0003,02464.5%
3121 RT US 9 SO2026-06$480,0002,12055.8%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →